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July 22, 2024

locational marginal pricing (LMP)

© RTO Insider
Overheard at the GCPA 2017 Fall Conference
The Gulf Coast Power Association’s 32nd Annual Fall Conference attracted several hundred attendees to the Texas state capital.
CAISO Board Approves RAS Modeling Proposal
The CAISO board approved usage of generator contingency modeling and RAS in the day-ahead and real-time markets.
PJM Operating Committee Briefs: Sept. 12, 2017
The difference between the reserve measurements in PJM’s SCED engine and its emergency management system (EMS) has been shrinking.
PJM OC Briefs: Aug. 8, 2017
PJM told stakeholders at the Operating Committee meeting that late-day storms in the RTO in July resulted in overestimated load forecasting last month.
MISO Informational Forum Briefs
One item shared at the MISO Informational forum was an increase in systemwide energy prices owed mostly to an increase in natural gas prices.
ISO-NE Study Projects Impact of $64/ton Carbon Price
A new analysis by ISO-NE shows that increasing carbon allowance prices would boost the region’s LMPs by more than 30% under all six scenarios studied.
Gas, LMPs Rebound in NY, New England in March
A spike in natural gas prices pushed LMPs up in both NYISO and ISO-NE in March, though analysts say the rise may be short-lived.
PJM Monitor Says Low Prices Indicate Competitive Market
Joe Bowring said in a briefing on the State of the Market Report that that the PJM market is healthy, despite what some believe are low energy prices.
CAISO Sees Ups and Downs in Q4 Real-time Prices
The CAISO real-time market experienced an uptick in volatility during Q4 of 2016, as five-minute prices spiked to well above day-ahead and 15-minute levels.
CAISO Preparing Responses to Spring Oversupply
CAISO is preparing for spring oversupply, when unusually high levels of hydro output are expected to compound the impact of growing solar penetration.

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